The Gigabit Passive Optical Network (GPON) Technology Market is being driven by Migration from copper to optical fiber
The Gigabit Passive Optical Network (GPON) Technology Market is expected to grow at a CAGR of 31.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 65552.1 million. In the global push towards the development of modern, technologically advanced urban landscapes, the concept of smart cities has gained significant traction. A smart city is an intricate urban infrastructure design that integrates various advanced Information and Communication Technology (ICT) solutions. Key components of a smart city include the interconnectivity of local government departments, libraries, schools, transportation systems, power plants, water supply networks, waste management, and other essential services. Factors such as the implementation of smart grid technologies, IT-driven traffic improvement, proliferation of Wi-Fi hotspots, and the evolving mobile application landscape are crucial indicators of a city's smart city status.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
217 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 31.1% |
Market growth 2025-2029 |
USD 65552.1 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
24.8 |
Key countries |
US, China, Japan, India, Germany, Canada, South Korea, UK, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Gigabit Passive Optical Network (GPON) Technology Market encompasses various aspects including Network Segmentation for efficient resource utilization, Bandwidth Allocation techniques for optimized usage, and Network Security Measures for data protection. Network Troubleshooting and Optimization ensure seamless performance, while Capacity Planning and Expansion cater to growing demands. Network Upgrade, PON Technology Standards, and Interoperability ensure compatibility and seamless integration. Optical Power Budget, Network Resilience, Fault Tolerance, and Availability enhance reliability. PON Management Tools, Performance Metrics, Service Bundles, and Technology Trends further enhance GPON's capabilities.
The global communications equipment market, encompassing manufacturers of enterprise networking solutions, such as LANs, WANs, routers, switchboards, and exchanges, as well as communications infrastructure or telecom equipment, is expected to experience significant growth. Driven by the increasing demand for Triple Play Services, including broadband access and high-speed internet, key growth factors include the expanding number of data centers, fueled by investments from hyperscalers, and the continuous improvement of telecommunication infrastructure by service providers. This market size is calculated based on revenue generated from equipment sales and infrastructure investments, excluding cellular phone manufacturers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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